ARCHIVED BLOG POSTS
2016
Mortgage bond prices finished the week near unchanged holding rates steady. New home sales printed at 654K versus the expected 580K. Existing home sales printed at 5.39M versus the expected 5.54M units. According to the FHFA Housing Price Index, housing prices rose at a 5.6% annual rate in the...
08/26/2016
With TRID, loan borrowers are not allowed to sign closing documents until 3 days after they have received and signed the Closing Disclosure (CD) from the lender. If a borrower signs the Closing Disclosure on a Tuesday, then the borrower can sign loan documents on Friday. The day the CD is signed...
08/26/2016
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VA Tidewater Initiative This process is invoked by the VA Appraiser when he is not finding comparable market data to support the purchase price of a transaction. The parties have 48 hours to supply data to the appraiser that supports the agreed upon purchase price. You do not want to have this ...
08/20/2016
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Mortgage bond prices finished the week lower which pushed rates higher. Rates started the week higher and ended the week higher with only a slight reprieve Thursday. The NAHB Housing Index was higher than expected. Housing starts were 1211K versus the expected 1180K. Consumer prices were relative...
08/20/2016
Newest city of Tucson National Historic Landmark right here in our historic subdivision of Colonia Solana (there are 7 in the entire city). Interesting enough, not our first one in Colonia Solana, as the El Con Water Tower is also a City National Landmark. The Voorhees-Pattison House can be seen ...
08/11/2016
Rainmaker
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Spirit Messingham
Third Generation Full-Time Realtor® 520 471-6900
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Third generation, full-time licensed Realtor, putting my clients' needs first. I work with all of my client's one on one, taking pride in the quality work and services I provide. In the top 1% of all Tucson Realtors by sales volume 2012 - 2015. I have the experience, passion and knowledge to help with your residential real estate needs. Call (520) 471-6900 for a free and no obligation consultation.